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Businesses for Sale | Lorain, Ohio

Discover business opportunities, in or around Lorain, with well-established brands, who are looking for people like you to help them grow.

As of the 2024 ACH Map Data, Lorain, located in The Buckeye State had a total population of 67,549 people.

Top Franchise Opportunities in Lorain, Ohio on Franchise.com for 2025
Order Franchise Name Industry Name Available Capital
1Business Opportunities$100,000
2Printing Packing & Shipping$70,000
3Retail Franchises$100,000
4Business Opportunities$200,000
5Computer & Internet Franchises$100,000
6Food$350,000
7Food Franchises$200,000
8Automotive$100,000
9Home Services & Repair Franchises$40,000
10Sports & Recreation Franchises$500,000

City Statistics and Other Information About Lorain

Demographics

From a total population of 67,549, Lorain has a median age of 37. The average age of males, in Lorain, is 35 while the average age of females is 38. When you compare the median age of men and women in Lorain, there is an average difference of 2.2 years.

Income

The median income of individuals, in Lorain, is $29,718 while the average household income is $49,815. In 2029, the average income per capita for Lorain is expected to be $29,718.

Additional Information

44052 - 44055
Lorain County

Is Lorain the Best Location for Franchise Opportunities and Growth?

What is the average income in Lorain?

The median household income in Lorain is $49,815, providing insight into the financial conditions of local residents and their ability to support businesses.

Is Lorain an affordable place to start a franchise?

With a median income of $49,815, Lorain presents an opportunity for businesses that cater to cost-conscious consumers, making it a strong market for affordable and essential services.

How does Lorain's income compare to other locations?

The median income of $49,815 in Lorain is below the national median income of $80,610, influencing local consumer spending habits and franchise potential.

Does Lorain have a stable workforce to support my business?

Absolutely! With 13,955 employed individuals, Lorain offers a solid labor force to support franchise growth.

Is Lorain a growing economy?

With a workforce of 13,955 and a median household income of $49,815, Lorain provides an emerging economic environment for new business opportunities.

Does homeownership in Lorain indicate a stable market?

Homeownership rates at 15,265 show a strong local investment in the community, which benefits long-term franchise success.

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